Egypt’s foreign direct investment

Egypt's foreign direct investment to surpass $40B by 2024

Sun, 23 Jun 2024 - 03:04 GMT

The signing of the Ras El Hekma deal with the Emirati Holding Company (ADQ) in February, amounting to $35 billion, has played a major role in surpassing the initial expectations.

Egypt's foreign direct investments record $9.8B in 2023: UNCTAD

Sun, 23 Jun 2024 - 01:56 GMT

However, UNCTAD predicts a positive outlook for 2024, with expectations of increased investments. This growth is anticipated to be fueled by the Ras El Hekma deal and Egypt's Initial Public Offering (IPO) program.

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